Forever Friendship Drop-In

Analysis

Forever Friendship Drop-In is a registered charity in United States, based in Kingsford, MI. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Forever Friendship Drop-In reported income of $111k and spending of $123k, spending 111% of what it took in. Across the 2 years on record, from September 2023 to September 2024, income fell from $119k to $111k (-7.3%), an average of -7.3% a year. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Forever Friendship Drop-In sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include Angel Reins Stable ($111k), Reynoldsville Area Ambulance Service Inc ($111k) and Capital District Recovery Center Inc ($111k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $21k, net assets of -$2,636.